Atlanta Braves Holdings Series A
BATRA
131 hedge funds and large institutions have $188M invested in Atlanta Braves Holdings Series A in 2017 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 27 increasing their positions, 56 reducing their positions, and 24 closing their positions.
17% more capital invested
Capital invested by funds: $161M → $188M (+$26.8M)
0.22% less ownership
Funds ownership: 76.83% → 76.61% (-0.22%)
9% less call options, than puts
Call options by funds: $537K | Put options by funds: $592K
10% less funds holding
Funds holding: 145 → 131 (-14)
33% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 24
52% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 56
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$15.8M |
| 2 |
BlackRock
New York
|
+$13.3M |
| 3 |
CIC
Chilton Investment Company
Stamford,
Connecticut
|
+$7.43M |
| 4 |
TCP
ThornTree Capital Partners
Boston,
Massachusetts
|
+$5.66M |
| 5 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$3.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Baupost Group
Boston,
Massachusetts
|
-$16.4M |
| 2 |
MCM
Mason Capital Management
New York
|
-$8.38M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$4.7M |
| 4 |
Jane Street
New York
|
-$1.98M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$1.78M |
BATRA Hedge Fund Activity: Q1 2017 in Review
131 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Atlanta Braves Holdings Series A (BATRA) for Q1 2017, worth a combined $188M — up 17% from $161M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of BATRA and 16 opened new positions — a net loss of 8 holders — while 56 trimmed existing stakes and 27 added.
The largest buyer was Park West Asset Management, opening a new position worth an estimated $15.8M. The largest seller was Baupost Group, exiting entirely with an estimated $16.4M sold.
- 131 institutional investors held Atlanta Braves Holdings Series A (BATRA) as of Q1 2017, down from 145 in Q4 2016.
- Funds reported $188M of Atlanta Braves Holdings Series A stock for Q1 2017, up 17% quarter-over-quarter.
- 16 funds opened new Atlanta Braves Holdings Series A positions in Q1 2017 and 24 closed out, a net change of -8 holders.
- The largest Atlanta Braves Holdings Series A buyer in Q1 2017 was Park West Asset Management, an estimated $15.8M added.
- The largest Atlanta Braves Holdings Series A seller in Q1 2017 was Baupost Group, an estimated $16.4M sold.
Based on aggregated 13F filings for Q1 2017.